Doha: US President Donald Trump on Monday announced his intention to significantly raise tariffs on goods imported from India due to the country’s purchases of Russian oil. In a post on Truth Social, President Trump motivated his decision, saying: “India is not only buying massive amounts of Russian Oil, they are then, for much of the Oil purchased, selling it on the Open Market for big profits. They don’t care how many people in Ukraine are being killed by the Russian War Machine.”

According to Qatar News Agency, the decision to impose higher tariffs marks a significant move in the ongoing geopolitical tensions surrounding the Ukraine conflict. President Trump’s remarks highlight his administration’s concerns about India’s trade practices and its implications for the global market, especially in light of the ongoing war in Ukraine.

The announcement has sparked discussions among trade experts and policymakers about the potential impact on the economic relationship between the United States and India. As both countries navigate these tensions, the decision could have far-reaching consequences for international trade dynamics, particularly in the energy sector.

The move comes amid broader international scrutiny of countries purchasing Russian oil, as the United States and its allies seek to pressure Russia economically over its actions in Ukraine. The implications of this tariff increase are likely to be closely watched by global markets and could influence future trade negotiations.